BikeBiz Bicycle and cycling retail news
Non-disclosure rules forbid Cannondale execs from revealing any concrete info until after the sealed bids have been opened. An announcement is expected late Thursday or early Friday.
Accell, Europe’s second biggest bike maker, was hoping to be a front runner in the bidding.
Like many bike companies, Pacific looked at Cannondale’s books and went on HQ tours, but the company is believed to have declined to make a bid.
